Bitcoin rally may extend as spot and futures demand climb together: CryptoQuant

BitcoinWorld Bitcoin rally may extend as spot and futures demand climb together: CryptoQuant Bitcoin’s recent price rally may have room to continue, according to a new analysis from CryptoQuant contributor Darkfost, who pointed to a simultaneous rise in both spot and futures demand over the past month.

The combined demand metric has climbed to around 170,000 BTC, a level that historically has preceded sustained upward moves.

Demand signals and overheating risks Darkfost noted that short-term overheating indicators are beginning to flash, a sign that the market could be entering overbought conditions.

However, the analyst emphasized that strong demand appears to be absorbing profit-taking supply, which has helped the uptrend maintain its momentum. This dynamic, where buying pressure offsets sell-offs, is often seen as a bullish signal in crypto markets.